Smyrna times., 1887-08-17
A Little Ives.

During the past week the financials
Glrcies OF the nation and esneciaII,,
Wall street New York have bean -:
cited and almost bewildered bv tbo
audacity and daring of that "yonnc, %
Napoleon of finance.n Henry G - 3
now. in period of less than five veors
Jo doIIi;s n,Hes IRON oDscurity to position of
S.g Ia11ilng emlnence, bewildering old
svloIg brokers' and terrOrizing the
VS. HSaKer dHa ones, and finally fails for 500 :
COO,OOO' nYe times as much as the
snrewcest hnanciers can usually com
mand IN a life time. The audacitV Of
the mau claimed the attention of all
anG the admiration of not a few for The
reckless daring that could tbus dozo
Vhe &c 0Id bulls and bears of wall street
A., ME TINS was going on there some
CnIhg similar in audacitv but Ices No
POieonlc IN brilliancy was findino a ILL.,
suuden termination at home-a foTn
uering on barren rock where not6;na.
could afford protection. "O'n'ng
WIN. Z. Mitchell, Jr. the nor+,, :,
question, had been a farmer mill go -
IIVe IVe years ago when he went into tLo
IpGuce commission business in PbiIao
ueIPhla, but returned to farmino, n Voc,
anu anu hait ago to take a $4,000 farm,
Ine virtual gift of his uncle wboso
1aD1e ne pears and who is getting aIono,
I9years, who decided it to his nsTba,Ss,
/wlth the only condition that the Iotto.
should pay the interest deemed aGni',o
lived. "iiie the donor
But Mr.. Mitchell, Jr.. was soi,o5
with an idea (possiblv nicLad ~, 9oiAgu ,S'L:I1
q resident Ofthe cityY that tbeTe ,'.aa mn'o
faSUsi, taSrei way OF making living than bv |
rinII.g' 'Ililiig' even on gift farm, with its |
tEo;Hus Coll ana slow process of ma
ruIIng crops, viz: by selling wheat that
bo grew 80 with one or two Others
lio ue.Derinlned to be a little "bullU
showing from bis knowledge acouired
M1I mhile growing up on a farm that little
DullS Il they Were not butchered prew
InCO Dig pulls, and so he or rather fbev
We1G INTO the great Chicago market
anu anu DOught as appeared from letters
fllac got INTO the other Mitchells box
haVlhg no aftix, 10000 bushels of wheat
~ Wnat was the price then, 80 cents. ex,
PecIlng 10 realize considerable sum
on .d tne marginal rise, but the futuren
.laC was expected to be so profitable
WI "onV Cne other way, and after paving
eut considerable to hold on. had to
nhaliy let go with what money he
could cul command handed over to the
Chicago dealers. '"0
nc result was the same as it usualIv
IS wit, with the over sanguine and praspinS
like the dog in HEsops fablesIIosf
me bone he had as we'll as that he was :
Srasping after. The crops that sbould ,
lave gone to pay the interest rental
we're absorbed in paying borrowed mon /
y, TO say nothing of $500 MORTGAGE
nat mad been placed on the farm. local :
PMS It is said approaching $4,000 were :
. without a possible prospeot =
! satisfaction, the deed returns to the
'llginal owner with what remains on the =
arm arm 70 pay for misplaced Confidence I.
.ond and interest, and the "voung y,
in finance steps down and =
ut, with another chance to test his :.
XIII IN city life where fortunes are some =
mes made in a day, but this time he 2
axes his start at the very bottom =
ound Of the ladder. x